Times are strange! As a real estate agent for 35 years, I have seen interest rates as high as 18%. Now rates are under 5% and going up. Selling real estate now is quite a challenge. It is a dilemma. The sellers are faced with the next door neighbor who sold his house 4 years ago for an astronomical amount. The seller believes his house is better than his neighbor’s home, however there is no way he will come close to this number.
The savvy buyer of today has done his/her homework. He/she is aware of the fair market value of a house, and the current sale in the area.
How do you resolve the dilemma for each in order to have a successful outcome?
Please let me know your thoughts on this current Real Estate Dilemma.
Thanks,
-Rachel Stahl
No comments:
Post a Comment